114, MORGAN CLOSE, LUTON, LU4 9GN - £320,000

114 MORGAN CLOSE is a small detached house of 98m², built sometime between 1996 and 2002. It was last sold for £320,000 in December 2020, which was around 23% below the average December 2020 detached price in the Luton local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

114 MORGAN CLOSE Sold Prices

Land registry data shows three sales for 114 MORGAN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Luton local authority area for the corresponding sale date. Two of the three 114 MORGAN CLOSE sales were for below the average price, whilst one was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 18 DEC	£320,000	£414,459	23% below HPI
2015 17 MAR	£268,000	£284,453	6% below HPI
2002 25 OCT	£220,000	£192,010	15% above HPI

114 MORGAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Luton local authority area over time, sourced from the HPI. The three 114 MORGAN CLOSE sales between October 2002 and December 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2015 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 114 MORGAN CLOSE?

114 MORGAN CLOSE is 98m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% of detached houses in Luton, based on EPC data. The below chart shows the distribution of detached houses by size in Luton, and where 114 MORGAN CLOSE lies on this distribution: 36% of detached houses are smaller than 114 MORGAN CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Luton.

114 MORGAN CLOSE: Plot and Title Map

114 MORGAN CLOSE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 114 MORGAN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 114 MORGAN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 114 MORGAN CLOSE?

114 MORGAN CLOSE is located in LUTON, in the LU4 postcode district. The below map shows the position of No. 114 on MORGAN CLOSE.